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Stock markets and the dollar have tumbled after US President Donald Trump's latest worldwide tariffs caused a trade war that many fear will spark recession and ramp up inflation. The dollar slumped by as much as 2.6 percent versus the euro, its biggest intraday plunge in a decade. European Commission President Ursula von der Leyen said the EU was "preparing for further countermeasures" but she emphasised it was "not too late to address concerns through negotiations". China announced on Friday that it will impose a 34% tariff on imports of all U.S. products beginning April 10 as a retaliatory measure.

European Commission President Ursula von der Leyen and European Council President António Costa travelled to Uzbekistan to participate in a landmark EU–Central Asia summit. Held on 3–4 April, the event brings together EU leaders with the heads of state and government of the five Central Asian republics. Alongsidei the host, Uzbek President Shavkat Mirziyoyev, the summit was also attended by Kazakh President Kassym-Jomart Tokayev, Kyrgyz President Sadyr Japarov, Tajik President Emomali Rahmon, and Turkmen President Serdar Berdimuhamedov.

Bottled water, energy bars, a flashlight and more: the European Union is pushing for every household in the 27-country bloc to have a three-day survival kit ready in case a crisis strikes - be it a war or natural disaster. EU crisis management commissioner Hadja Lahbib told AFP that the idea would be formally presented as part of a broader "preparedness strategy" for the European Union

Ukraine’s allies from across Europe gathered for talks in Paris on Thursday to discuss how to strengthen Kyiv’s hand and its military as it pushes for a ceasefire with Russia, and to consider proposals to deploy European troops in the country in tandem with any peace deal. French President Emmanuel Macron is hosting the leaders of nearly 30 countries plus NATO and European Union chiefs. The summit comes at a crucial juncture in the war, with intensifying diplomatic efforts to broker ceasefires, driven by pressure from US President Donald Trump  to end the fighting.

Russia and Ukraine agreed Tuesday to halt military strikes in the Black Sea and on energy sites during talks brokered by the United States, which offered as a first concrete incentive to Moscow to ease pressure on agricultural exports. With President Donald Trump pushing for a rapid end to the war that has killed tens of thousands of people, US negotiators shuttled separately over three days in the Saudi capital Riyadh between delegations from Ukraine and Russia.

The evolving dynamics of Russia-USA relations have sent shockwaves through the post-Soviet space, with the South Caucasus emerging as a critical region to observe the fallout. Recent negotiations between the United States and Russia, particularly those aimed at resolving the war in Ukraine, have exposed fault lines in international diplomacy that carry profound lessons for Armenia, Azerbaijan, and Georgia. The implications of this “rapprochement” are starkly illustrated by Ukraine’s experience, Azerbaijan’s strategic foresight, and Armenia’s persistent miscalculations in relying on external powers for security.

The Defence White Paper, published in Brussels on 19 March by the European Commission and the EU High Representative for Foreign Affairs and Security Policy, entitled “Joint White Paper for European Defence Readiness 2030” was a welcome, major contribution, to the debate on European Defence and Security. Unlike similar epistles coming out of Brussels, who one often wonders are written for whom, and by whom, the Defence White Paper is informative, candid and containing well-argued steps going forward. It gives the reader a good sense of the urgency of the situation and sets out clearly a set of steps aimed at addressing the urgency in a timely manner.

European Union leaders said on Thursday that they will continue to support Ukraine, but they did not immediately endorse a call by Ukrainian President Volodymyr Zelenskiy to provide at least 5 billion euros for artillery ammunition purchases. The EU’s leaders also discussed the Commission's defence proposals, which include a call for European countries to pool resources on joint military projects and buy more European arms.

The President of the European Council, António Costa, along with the President of the European Commission Ursula von der Leyen, will be travelling to Uzbekistan for the first EU-Central Asia summit on 3-4 April. The summit will be hosted by Uzbekistan’s President Shavkat Mirziyoyev in Samarkand, with the participation of the leaders of Kazakhstan, Kyrgyzstan, Tajikistan, and Turkmenistan. The summit will present a key opportunity for the EU to demonstrate its geopolitical interest in intensifying bilateral engagement and enhance regional cooperation with Central Asia.